About This Deal
Columbus McKinnon Corporation acquired Pfaff-silberblau (Pfaff Beteiligungs GmbH) for ~€36 million, a transaction announced in September 2008.
Acquired the German lifting, material-handling and actuator products group from private-equity owner EQT, expanding Columbus McKinnon's European (EMEA) footprint and product range in hoists and lifting equipment.
Acquired the German lifting, material-handling and actuator products group from private-equity owner EQT, expanding Columbus McKinnon's European (EMEA) footprint and product range in hoists and lifting equipment.
Deal Terms
Acquirer
Columbus McKinnon Corporation
Target
Pfaff-silberblau (Pfaff Beteiligungs GmbH)
Value
~€36 million
Date
September 2008
Type
Full acquisition
Status
Completed
Transaction Details
Announced
September 30, 2008
In Their Words
the Purchaser acquired from the Sellers all the issued and outstanding stock of Pfaff Beteiligungs GmbH (“Pfaff-silberblau”) for cash consideration of approximately €36 million and the assumption of certain debt and liabilities.
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
Press release ↗
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